Origin Agritech Limited (SEED)

Origin Agritech Balance Sheet

Financials in millions CNY. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	15.88	8.38	23.71	17.67	15.35
Cash & Short-Term Investments	15.88	8.38	23.71	17.67	15.35
Cash Growth	89.55%	-64.67%	34.18%	15.10%	-31.72%
Accounts Receivable	3.45	4.03	0.85	28.75	16.11
Other Receivables	0.02	0	9.82	8.96	13.33
Receivables	3.47	4.04	10.68	37.71	29.44
Inventory	36.63	80.52	90.2	2.11	4.18
Restricted Cash	0.03	-	-	-	0.01
Other Current Assets	10.08	6.82	17.2	24.06	9.16
Total Current Assets	66.08	99.75	141.78	81.54	58.14
Property, Plant & Equipment	32.49	28.62	21.92	47.94	50.59
Long-Term Investments	-	-	66.65	1.69	4.6
Other Intangible Assets	2.08	3.19	3.26	4.78	5.63
Other Long-Term Assets	-	-	4.9	-	0.08
Total Assets	100.65	131.56	238.51	135.96	119.04
Accounts Payable	18	18.41	12.06	14.64	25.81
Accrued Expenses	14.82	17.51	9.21	-	19.23
Short-Term Debt	42.32	35.42	4.23	-	-
Current Portion of Long-Term Debt	-	-	-	137.66	137.66
Current Portion of Leases	0.3	0.06	0.11	0.12	0.56
Current Income Taxes Payable	0.44	0.81	0.77	0.77	0.91
Current Unearned Revenue	47.2	79.06	115.17	-	1.04
Other Current Liabilities	26.25	33.02	171.91	139.67	101.16
Total Current Liabilities	149.33	184.28	313.46	292.87	286.37
Long-Term Leases	2.34	0.07	0.13	1.5	2.55
Long-Term Unearned Revenue	10.49	5.81	6.18	14.23	15.72
Total Liabilities	162.16	190.16	319.77	308.6	304.64
Additional Paid-In Capital	638.33	578.51	573.29	551.93	539.32
Retained Earnings	-634.18	-580.85	-601.57	-656.9	-650.63
Treasury Stock	-4.46	-6.13	-6.13	-6.13	-6.13
Comprehensive Income & Other	-23.02	-22.82	-22.99	-22.77	-23.22
Total Common Equity	-23.34	-31.29	-57.4	-133.87	-140.67
Minority Interest	-38.18	-27.31	-23.86	-38.77	-44.93
Shareholders' Equity	-61.52	-58.6	-81.26	-172.64	-185.6
Total Liabilities & Equity	100.65	131.56	238.51	135.96	119.04
Total Debt	44.96	35.54	4.47	139.28	140.77
Net Cash (Debt)	-29.09	-27.17	19.24	-121.61	-125.42
Net Cash Per Share	-3.88	-4.20	2.93	-21.07	-22.33
Filing Date Shares Outstanding	11.92	7.2	6.33	6.28	5.77
Total Common Shares Outstanding	11.92	6.56	6.32	5.99	5.69
Working Capital	-83.26	-84.54	-171.68	-211.33	-228.22
Book Value Per Share	-1.96	-4.77	-9.08	-22.35	-24.73
Tangible Book Value	-25.41	-34.48	-60.66	-138.65	-146.3
Tangible Book Value Per Share	-2.13	-5.26	-9.60	-23.15	-25.72
Machinery	67.69	81.68	76.11	122.59	143.32
Construction In Progress	11.37	11.2	2.25	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q